U.S. stocks see out year with across-the-board losses
Wall Street saw out the year on Friday with all the major indices plummeting.
Source: newzealandstar.com
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Muni short-end correction continues while Powell's comments rattle USTs, equities
The Fed chairman said he believes the Fed is getting close to a sufficiently restrictive level, but they're not quite there. While two good inflation reports are good, "there's still a long way to go to price stability."
Source: bondbuyer.com
ETPs more popular for securities lending and collateral
Securities-lending revenue for exchange-traded products has continued to climb amid volatility and rising rates, even as headline flows have abated.
Source: pionline.com
Service sector, factory order reports, Musk gets political and more: Monday's 5 things to know
Economic reports due out Monday are expected to show a slip in service sector activity for a third month in a row, as factory orders bounced in October.
Source: foxbusiness.com
Investors Cheer as Jerome Powell Says Pace of Rate Hikes Could Slow in December
Federal Reserve Chair Jerome Powell sent financial markets rallying after he indicated that the central bank could slow the pace of interest rate hikes.
Source: theepochtimes.com